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looks like eurjpy is making a bearish wedge here only thing which makes me doubt a bit is that inverse hs at the start of the wedge so i am going to be a bit careful here normally a wedge is a wedge but in this case i want to see some confirmation first or get an even better entry so i will get in at one of those 2 yellow circles a break of that small channel on the right will probably show which of the blue line we will see play out
Today's market technical analysis for eur/jpy
price 126.04
market trend is going bearish
market have good trading position for the sell traders
market resistance and support levels could as
1-Resistance level = 126.30
2-Resistance level = 126.48
3-Resistance level = 126.66
1-Support level = 125.80
2-Support level = 125.60
3-Support level = 125.40
technical analysis of Eur/jpy is buy
1. Resistance Level:126.30
2. Resistance Level:126.42
3. Resistance Level: 126.54
1. Supporting Level: 126.04
2. Supporting Level: 125.92
3. Supporting Level: 125.80
Today analysis for the pair of :Eur/Jpy
--- Trading opinion for the best profitable trade: Open buy ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 126.11
2# Resistance is: 126.23
3# Resistance is: 126.42
Supporting level of this pair is :
1# Supporting is: 125.73
2# Supporting is: 125.61
3# Supporting is: 125.42
Todays analysis for the pair eur jpy.
The trend is showing a bullish movement for this pair.
Buy signal for the hourly time frame.
Support levels:-
S1 125.98
S2 126.05
S3 126.09
Resistance levels:-
R1 126.17
R2 126.2
R3 126.28
I bought EUR/JPY for the medium term - at least several days unless I get contradictory signals.
Reasons:
Bullish price action patterns on the daily chart. First a pin bar then a bullish engulfing bar
Price is crossing a small but still important pivot zone, the 115.00 area
The support on the daily chart at 113.50 is the bounce place. Multiple bottoms in this area = strong rejection.
target at least 116.50 or more; stop loss at 113.50. Again, this is a medium term trade
Today
on currency pairs EURJPY I have predicted that there is a signal SELL in the time frame H1
because I was referring to the indicator fibbonaci and pivot indicator to see support and resistance at R3=134.18, R2=133.7, R1=133.08, Pivots=132.60, S1=131.98, S2=131.5, S3=130.88
so I suggest to perform the requisite order SELL to
Take Profit 131.7 and Stop Loss 132.3
a target is likely to move by 50 pips
my dear sir today of my technical analysis of Eur jpy is buy bearish
1. Resistance Level:126.30
2. Resistance Level:126.42
3. Resistance Level: 126.54
1. Supporting Level: 126.04
2. Supporting Level: 125.92
3. Supporting Level: 125.80
EUR/JPY is Bullish
Signal:-Sell
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:127.50
2> Resistance level is:128.50
3> Resistance level is:130.00
Supporting level is
1> Supporting level is:125.34
2> Supporting level is:124.10
3> Supporting level is:123.10
bullish trend seems to be taking place on the EURJPY pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 126.09 and strong support at level 125.89 in hourly time frame. there is possible chance price will move to up side. then next high price is 126.59
I suggest to entry BUY with stoploss at 125.74 and take profit at 126.59
I hope you can earn consistent profit from my signal, good luck